JPMorgan double upgrades Unilever to 'overweight'

23rd May 2024 10:49

(Sharecast News) - JPMorgan Cazenove double-upgraded Unilever on Thursday to 'overweight' from 'underweight' and hiked the price target to 5,100p from 3,600p after several years of caution on the equity story.

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London close: Stocks recoup some earlier losses

17th May 2024 15:52

(Sharecast News) - London stocks remained in negative territory by Friday's close, although they managed to recoup some of the losses seen earlier in the session as Wall Street opened with positive momentum.

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Unilever licks off first tranche of share buyback programme

17th May 2024 07:22

(Sharecast News) - Unilever announced the start of its €1.5bn share buyback programme on Friday, kicking off the first tranche of up to €850m worth of shares.

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Barclays lifts Unilever target price after strong Q1

14th May 2024 13:12

(Sharecast News) - Barclays has lifted its target price for Unilever following the consumer-goods group's well-received first-quarter results last month, saying the current quarter could beat expectations.

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Unilever reiterates guidance after solid first quarter

25th Apr 2024 07:25

(Sharecast News) - Consumer products giant Unilever maintained its full-year guidance after a solid first quarter, which saw all five business divisions contributing to underlying sales growth.

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London close: Stocks mixed as Japan ends negative rate policy

19th Mar 2024 16:23

(Sharecast News) - London markets closed with a mixed performance on Tuesday, as investors weighed the implications of Japan's decision to end negative interest rates against upcoming policy announcements from the US Federal Reserve and the Bank of England later in the week.

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Unilever announces plans to separate ice cream business

19th Mar 2024 07:23

(Sharecast News) - Unilever unveiled its latest move to expedite its growth action plan (GAP) on Tuesday, through the separation of its ice cream business and the introduction of a significant productivity programme.

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London close: Stocks little changed as investors look to US data

27th Feb 2024 16:05

(Sharecast News) - London's equity markets closed with a subdued performance on Tuesday, after a mixed but largely flat session trend as investors exercised caution ahead of US inflation figures later in the week.

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Morgan Stanley downgrades Unilever

27th Feb 2024 13:10

(Sharecast News) - Morgan Stanley downgraded Unilever on Tuesday to 'underweight' from 'equalweight' and cut the price target to 3,775p from 4,100p.

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Deutsche Bank sees more upside at Unilever after strong annual results

9th Feb 2024 09:13

(Sharecast News) - Deutsche Bank has kept a 'buy' rating for consumer products group Unilever, saying that while risks remain there is still earnings growth potential within the group after a solid 2023 performance.

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London close: Stocks slip as US jobless claims fall

8th Feb 2024 14:42

(Sharecast News) - London markets experienced a downturn in trading on Thursday, with stocks relinquishing earlier gains as investors processed a decrease in jobless claims in the United States.

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Unilever returns to volume growth; Unveils €1.75bn buyback

8th Feb 2024 07:01

(Sharecast News) - Consumer goods giant Unilever announced a €1.5bn share buyback as it reported a return to volume growth in the final quarter of 2023, although the result was described as "disappointing" by its chief executive.

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Sunday share tips: Unilever, Tertre Rouge

28th Jan 2024 20:25

(Sharecast News) - The Sunday Times's Lucy Tobin tipped shares of Unilever to her readers, arguing that the shares were cheap.

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Unilever to buy haircare brand K18

22nd Dec 2023 12:33

(Sharecast News) - Unilever said on Friday that it has agreed to buy premium biotech haircare brand K18 for an undisclosed sum.

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Unilever to carve out several slower-performing brands

18th Dec 2023 14:04

(Sharecast News) - Several slower-performing Unilever brands were set to be carved out, it was announced on Monday, after consumer brands private equity specialist Yellow Wood Partners announced a binding offer for Elida Beauty.

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